Biotech Firm Enzene Raises $50 Mn From Parent, Others
Enzene Biosciences Ltd, a Pune-based biotech startup, has raised $50 million (around Rs 410 crore) in a fresh funding round led by its parent entity Alkem Laboratories Ltd. The funding round also saw participation from Eight Roads Ventures and F-Prime Capital. Enzene did not disclose the valuation post this fundraise. […]
Pune-based Ecozen Raises $25 Million In Funding
Pune-based deep tech startup Ecozen has raised $25 million in a mix of equity and debt funding. Led by Nuveen and Dare Ventures (Coromandel International), the Series C round’s equity portion also saw participation from Export-Import Bank of India (India EXIM Bank) and existing investors Caspian and Hivos-Triodos Fonds (managed […]
D2C Personal Care Brand Zlade Raises $1.5 Million In Funding
Zlade, a Pune-based direct-to-consumer personal care brand, has raised $1.5 million (around Rs 12.3 crore) in a fresh funding round from a clutch of investors, including Shivanssh Holdings and Bharat Forge Ltd’s deputy managing director Amit Kalyani, among others. The personal care brand has also signed an exclusive partnership with […]
Agritech Startup Ecozen Raises $10 Million In Funding
Ecozen, a Pune-based agritech startup, has raised $10 Mn (INR 82.4 Cr) from Nuveen Global Fund as the second tranche of its INR 200 Cr Series C funding round. The development comes seven months after the agritech startup received the first tranche of INR 54 Cr as debt and equity […]
IoT Startup ThingsUp Raises $600,000 In Seed Funding
ThingsUp, a Pune-based internet of things (IoT) startup, has raised $600,000 in a seed funding round from venture capital firm Silverneedle Ventures, Udyat Ventures, Lead Angels, GSF Accelerator and other angel investors. As per the startup, the raised funds will be used for product development, scaling up sales and operation […]
Healthtech Startup In-Med Prognostics Raises Over $2 Mn In Fresh Funding
In-Med Prognostics, a healthtech startup, has raised $2.13 million led by investment firm Exxora, with participation from several angel investors. As per the startup, the raised funds will be used to expand its product portfolio and tap global markets. In-Med Prognostics | Decoding Brain Health Founded by Latha Poonamallee, Al Curran, and […]
EnterpriseTech Firm Aarav Solutions Acquires Froot Research
Aarav Solutions, an Ahmedabad-based IT firm, has acquired AI-based firm Froot Research for $4 Million. The acquisition will help Aarav expand in the AI space and launch AI-related products and platforms. Additionally, Froot Research will operate under the Aarav brand name and become the latter’s sister company. As part of […]
SaaS Startup Dingg Raises Rs 3.5 Cr In Fresh Funding
Dingg, a Pune-based software-as-a-service (SaaS) startup, has secured Rs 3.5 crore in a pre-Series A funding round led by US-based venture fund Big Sun Ventures. Other investors, including Samir Srivastav (chief executive at Jean Claude Biguine, India); Ayaz and Rahim Kabani (founders at Beauty Essentials); Lalit Keshre (CEO at Groww) […]
Fintech Startup EarlySalary Raises $110 Million In Series D Funding
EarlySalary, a fintech startup offering instant cash loans and salary advances, has raised $110 million in a Series D round led by TPG’s The Rise Fund and Norwest Venture Partners. The funding round also saw participation from existing investor Piramal Capital and Housing Finance Limited. This Series D round of […]